Tezry - Tezos Delegation Service

April 2022 PAYOUTS/UPTIME NOTICE: Since the last tezos upgrade our payout automation tool has not been stable. Nearly at the same time we were forced to move our baker services from our isp based rack over to AWS due to some (terrible) budget decisions made about replacing UPS battery equipment that caused random baker downtime. We took care of that situation but the payouts are still struggling. Please allow for a few more cycles, and software updates, for them to stabilize. We will balance the pay according to baking-bad. We apologize for these temporary issues.

TEZOS DELEGATION SERVICE

Reliable, Secure and Low Fee Tezos Bakery

Anonymous

NO personal information is required. Delegate your Tezos and earn dividend in every cycle.

Professional Bakery

The team behind Tezry has more than 20 years of software industry experience. We do hard work and you earn.

Low Baking Fee

Tezry will get 8% fee for the delegation service.

How To Delegate / Delegation Guides

Looking for a step-by-step walkthrough? Check out our delegation guides, complete with screenshots and useful tips:

Guides:

Delegate with TezBox

Delegate with Galleon Wallet

Delegate with Magnum Wallet

Delegate with Trezor

Delegate with Ledger Nano S

Delegate with Tezos-Client

FAQ

After delegating your XTZ's to us, it takes 7 cycles to obtain the baking rights. The reward of the current cycle is released after 5 cycles by the Tezos blockchain. Afterwards, your 92.5% share is paid out every cycle directly in your wallet. To check your reward go to the menu bar “Payouts”.

What is Baking/Delegation?

Bitcoin has mining, Tezos has baking. Bakers obtain the right to create blocks when a Tezos token (or rather a roll, see below) they own (or that is delegated to them) is randomly selected to create a block.

How do I delegate to Tezry?

You must set the Tezry tz1 account as the delegate on your KT1 account.
Our delegation address: tz1UJvHTgpVzcKWhTazGxVcn5wsHru5Gietg

Are there risks involved with Delegation?

For the coin holder, there is zero risk when delegating coins since you retain full ownership over the coins at all times. As your delegate, Tezry incurs all the risk associated with putting up the baking bond.

What are your fees?

Tezry returns 92% of rewards to all delegators (you!) and retains 8% for providing this delegation service and supporting TezosInsider.com. This amount is dynamic in relation to the number of rewards from each cycle based on the number of Tezos coins being baked overall on the network.

What is your payment schedule?

Rewards are paid during the cycle they are received from the network. As part of a safeguard, Tezos does not release baking rewards for 5 cycles following the baked cycle. We return your rewards as soon as they become available to us.

Does my delegation increase over time?

Yes! As you earn rewards, and a new snapshot of your account is taken each cycle by the Tezos network, your delegation amount will increase slightly. This happens automatically so you can let the rewards compound over time.

What is over delegation?

Bakers must put up a bond of roughly 8% of the amount of Tezos coins which are delegated to them. This means that if a baker does not have sufficient funds to cover the entire amount of coins delegated to them, they will not be awarded baking rewards for their entire delegation. Tezry has plenty of delegation space available and if we get closer to full capacity we will stop accepting new delegations.